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A Big Week for Central Banks as US Yields Nudge Higher

A Big Week for Central Banks as US Yields Nudge Higher

At the beginning of the current week, the trend seen in previous weeks has somewhat reversed, as investors found relief in the absence of a broader conflict between Israel and Hamas, which had escalated over the weekend. Crude oil prices have decreased by 1% to 2%, and U.S. Treasury (UST) bond yields have slightly risen.
ACY Securities | 645 일 전
Daily Global Market Update

Daily Global Market Update

Gold dipped 0.3%, Euro rose 0.5%, Pound gained 0.4%, Bitcoin fell 0.1%. Wall Street up, forex inflows, Aussie dollar rises. Upcoming: US PMI, Consumer Confidence, Eurozone CPI, France GDP, Japan BOJ decisions.
Moneta Markets | 645 일 전
The Trading Week Ahead

The Trading Week Ahead

This week, all eyes are on the US NFP and Employment figures, as well as the EURO Area GDP Growth Rate, which could significantly impact the EURUSD. We'll also be closely monitoring Germany's GDP Growth Rate QoQ Flash and New Zealand's Unemployment rate.
ACY Securities | 646 일 전
What is the USD Trajectory Going Ahead Into 2023 Q4?

What is the USD Trajectory Going Ahead Into 2023 Q4?

In the past month, the U.S. dollar index (DXY) remained largely stable, exhibiting fluctuations without a clear directional trend. During October, the dollar struggled to gain momentum in either direction. Over this period, the dollar strengthened against the Norwegian krone, Canadian dollar, and Japanese yen but weakened against the euro and Swiss franc.
ACY Securities | 646 일 전
ECB Rate Pause Impact on EURUSD

ECB Rate Pause Impact on EURUSD

The EUR/USD exchange rate has remained relatively stable following the European Central Bank's (ECB) recent policy announcement, which closely resembled the statement from September.
ACY Securities | 646 일 전
Daily Global Market Update

Daily Global Market Update

Oil-Dollar pair surged 1.8%, Aussie Dollar steady, Euro-Dollar neutral, Dollar-Yen sideways. Renminbi transactions up 24%. Global growth to slow to 3.1% in 2023. Economic highlights today: Japan's Unemployment, Germany's GDP, Australia's Retail Sales, and more.
Moneta Markets | 646 일 전